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Subprime Auto Lender Collapse Is a Warning, Says Dimon

Subprime Auto Lender Collapse Is a Warning, Says Dimon
business10/14/2025

As fears of a broader credit crisis are stoked by Tricolor and First Brands bankruptcies, Dimon said he expects there to be other bad loans.

The recent collapse of subprime auto-lenders Tricolor Holdings and debt-heavy auto-parts company First Brands has raised questions about the health of the credit market. JPMorgan's CEO Jamie Dimon voiced caution over the high-profile crack-ups, sayin... [2863 chars]